CASA MIA, BELL VEOR, LANNER, REDRUTH, TR16 6AN - £555,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

CASA MIA is a very large extended detached house of 160m², built sometime from 2007 onwards. It was last sold for £555,000 in July 2023, which was around 27% above the average July 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

CASA MIA Sold Prices

Land registry data shows three sales for CASA MIA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Two of the three CASA MIA sales were for above the average price, whilst one was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 19 JUL	£555,000	£438,674	27% above HPI
2015 27 MAR	£320,000	£289,075	11% above HPI
2010 10 AUG	£207,000	£279,622	26% below HPI

CASA MIA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The three CASA MIA sales between August 2010 and July 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2015 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2023 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is CASA MIA?

CASA MIA is 160m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 20% of detached houses in Lanner, based on EPC data. The below chart shows the distribution of detached houses by size in Lanner, and where CASA MIA lies on this distribution: 90% of detached houses are smaller than CASA MIA, and 10% of houses are larger. Note that EPC data is not available for all properties in Lanner.

CASA MIA: Plot and Title Map

CASA MIA sits on a plot of roughly 0.245 of an acre, or 991m². The below map shows the location of CASA MIA, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of CASA MIA). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is CASA MIA?

CASA MIA is located on BELL VEOR in LANNER, in the TR16 postcode district. The below map shows the position of CASA MIA on BELL VEOR.